Vanguard Utilities ETF $VPU Shares Sold by Royal Bank of Canada

Royal Bank of Canada lowered its position in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 13.8% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 182,578 shares of the company’s stock after selling 29,341 shares during the quarter. Royal Bank of Canada owned about 0.42% of Vanguard Utilities ETF worth $36,175,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in VPU. Franklin Resources Inc. purchased a new stake in Vanguard Utilities ETF in the second quarter valued at approximately $235,000. Russell Investments Group Ltd. raised its position in Vanguard Utilities ETF by 57.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 428 shares of the company’s stock worth $76,000 after buying an additional 156 shares during the last quarter. Qube Research & Technologies Ltd lifted its stake in Vanguard Utilities ETF by 57.3% during the 2nd quarter. Qube Research & Technologies Ltd now owns 10,106 shares of the company’s stock valued at $1,784,000 after acquiring an additional 3,681 shares during the period. NewEdge Advisors LLC lifted its stake in Vanguard Utilities ETF by 481.0% during the 2nd quarter. NewEdge Advisors LLC now owns 11,429 shares of the company’s stock valued at $2,017,000 after acquiring an additional 9,462 shares during the period. Finally, Main Street Financial Solutions LLC boosted its holdings in shares of Vanguard Utilities ETF by 29.5% in the 2nd quarter. Main Street Financial Solutions LLC now owns 11,508 shares of the company’s stock valued at $2,031,000 after acquiring an additional 2,624 shares during the last quarter.

Vanguard Utilities ETF Price Performance

VPU stock opened at $191.55 on Tuesday. The company has a market capitalization of $8.48 billion, a P/E ratio of 20.60 and a beta of 0.59. Vanguard Utilities ETF has a 12 month low of $178.51 and a 12 month high of $206.10. The firm’s fifty day simple moving average is $194.62 and its 200-day simple moving average is $195.84.

About Vanguard Utilities ETF

Vanguard Utilities ETF (the Fund) is an exchange-traded class of shares issued by Vanguard Utilities Index Fund. The Fund tracks the performance of Morgan Stanley Capital International United States Investable Market Utilities Index, an index made up of stocks of large, medium-size and small United States companies in the utilities sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of those companies considered electric, gas, or water utilities, or companies that operate as independent producers and/or distributors of power.